Tech sector helps lift S&P/TSX composite higher, U.S. stock markets also climb

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TORONTO — Gains in the technology sector helped lift Canada’s main stock index higher in late-morning trading, while U.S. stock markets also climbed higher as Russian and Ukrainian negotiators appeared to make progress.

The S&P/TSX composite index was up 49.19 points at 22,027.02.

In New York, the Dow Jones industrial average was up 216.77 points at 35,172.66. The S&P 500 index was up 30.06 points at 4,605.58, while the Nasdaq composite was up 162.74 points at 14,517.64.

The Canadian dollar traded for 79.86 cents US compared with 79.41 cents US on Monday.

The May crude oil contract was down US$3.15 at US$102.81 per barrel and the May natural gas contract was down 16 cents at US$5.38 per mmBTU.

The June gold contract was down US$29.30 at US$1,915.40 an ounce and the May copper contract was up less than a penny at US$4.73 a pound.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

 

 

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